Key Takeaways Bitcoin fell below key cost-basis levels, signaling potential market weakness. ETF products are seeing outflows, removing a significant source of demand for Bitcoin. Share this article Bitcoin fell below critical cost-basis levels today as the digital asset faces pressure from declining ETF demand and weakened spot market activity. Bitcoin ETFs, investment vehicles that provide exposure to Bitcoin’s price through regulated spot products, are experiencing steady outflows that have removed a key source of market demand. The combination of weak spot demand and ongoing ETF outflows has contributed to…
Tag: ETF
Grayscale set to launch XRP trust ETF
Key Takeaways Grayscale is preparing to launch an XRP trust ETF, allowing broader investor access to XRP via a regulated, traditional product. The Grayscale XRP Trust currently operates as a private placement for accredited investors, tracking XRP’s price through a reference rate. Share this article Grayscale has hinted that it will soon launch its XRP trust ETF (GXRP), joining Canary Capital as one of the first US fund managers to expand investor access to the asset through a regulated investment vehicle. Grayscale XRP Trust is a private placement investment vehicle…
2026 May See a Surge of Crypto ETF Approvals — Analyst
The US government’s ending of the shutdown and return to the normal legislative session may spark a surge in new crypto exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC) in 2026, according to market analysts. There is “huge” demand for crypto ETFs and exchange-traded products (ETPs), Matt Hougan, chief investment officer at investment firm Bitwise, told CNBC on Wednesday. Hougan said: “It’s going to be ETF-palooza in crypto land. I think there will be 100-plus launches. We’re going to see a lot of single-asset crypto ETPs. What…
Amplify ETFs launches first XRP option income ETF as demand grows for crypto-linked yield
Key Takeaways Amplify ETFs is launching XRPM, the first ETF offering option income based on XRP. XRPM provides monthly income and partial upside exposure to XRP price appreciation using a covered call strategy. Share this article Amplify ETFs, an issuer known for its specialized and income-focused ETF strategies, is rolling out the Amplify XRP 3% Monthly Premium Income ETF, the first exchange-traded fund designed to generate recurring income from an options strategy tied to XRP, according to a Tuesday announcement. The fund, trading on Cboe BZX under the ticker XRPM,…
Average Bitcoin ETF Investor Now In The Red As BTC Slips Below $89,600
Bitcoin’s rapid pullback has pushed the average US spot Bitcoin exchange-traded fund (ETF) investor into the red for the first time since the products launched. The flow-weighted cost basis across all US Bitcoin (BTC) ETFs sits near $89,600, a level Bitcoin fell below on Tuesday, leaving the cohort underwater, Glassnode analyst Sean Rose told Bloomberg on Tuesday. Some early buyers, particularly those who entered when Bitcoin was between $40,000 and $70,000, still remain in profit. “Even with the average ETF cost basis above spot, most ETF holders are long-term allocators,…
VanEck Ships Solana ETF, First Spot DOGE ETF Expected Monday
VanEck has launched the US’s third exchange-traded fund (ETF) featuring Solana staking, as more altcoin-tied funds are set to enter the market soon. The VanEck Solana ETF (VSOL) launched on Monday, joining similar funds from Bitwise and Grayscale that debuted late in October and have jointly seen over $380 million in inflows. Like Bitwise and Grayscale’s ETFs, VSOL offers staking yields, where Solana (SOL) is locked up on the blockchain to earn rewards. It has also waived its 0.3% fee until Feb. 17 or until it reaches $1 billion in…
Fidelity files Solana ETF for NYSE listing
Key Takeaways Fidelity filed a Form 8-A12B to list its Solana ETF on the NYSE, signaling a significant regulatory step forward for the product. A Form 8-A12B is a standard requirement before an ETF can be traded on an exchange. Share this article Fidelity filed a Form 8-A12B today to list its Solana ETF on the NYSE, marking a key regulatory step toward launching the exchange-traded fund focused on the digital asset. Form 8-A12B is a regulatory filing with the Securities and Exchange Commission (SEC) used to register a class…
VanEck launches Solana ETF VSOL, now open for trading
Key Takeaways VanEck has officially launched its Solana Spot ETF, named VSOL, now available for public trading. The ETF provides direct exposure to SOL tokens along with staking capabilities, allowing investors to earn network rewards. Share this article VanEck’s VSOL Solana ETF officially began trading today, offering investors direct exposure to SOL with staking features and initial fee waivers. The launch follows VanEck’s filing of an 8-A form, which indicated the imminent debut of its spot ETF focused on Solana. The fund provides direct exposure to SOL tokens while incorporating…
Harvard Boosts Bet on BlackRock’s Bitcoin ETF
Harvard University boosted its investment in BlackRock’s Bitcoin exchange-traded fund (ETF) by over 250% in the third quarter after the Ivy League school first bought into the fund earlier this year. Harvard Management Company, the business that manages the university’s $57 billion endowment fund, reported in a regulatory filing on Friday that it held over 6.8 million shares in the iShares Bitcoin Trust ETF (IBIT) worth $442.8 million as of Sept. 30. The university disclosed in August that it had a position IBIT for the first time, holding around 1.9…
Harvard boosts BlackRock Bitcoin ETF holdings to $442.8 million, expanding exposure by 257%
Key Takeaways Harvard University increased its Bitcoin ETF holdings by 257% to $442.8 million. This significant investment reflects growing confidence in Bitcoin among institutional investors. Share this article Harvard Management Company, which manages Harvard University’s endowment, boosted its BlackRock Bitcoin ETF holdings to $442.8 million in Q3 2025, marking a 257% expansion in its crypto exposure, according to a new SEC filing. The prestigious institution’s Bitcoin ETF increase demonstrates growing institutional confidence in Bitcoin as a portfolio asset. The university’s substantial investment reflects broader adoption trends among major financial institutions,…